Zoopla has changed its name in the most boring way possible February 3, 2017 Zoopla Property Group – more widely known as Zoopla – has changed its name to ZPG. The company currently trades under the ticker ZPLA, but from 8am next Monday this will change to ZPG. The decision was made at Zoopla's annual general meeting yesterday. Read more: Zoopla is splurging £120m on this property data company [...]
In our rush to solve the housing crisis, we’re forgetting about one thing February 3, 2017 Greenwich Peninsula has never been thought of fondly. Once desolate marshland, by the turn of the 20th century it was best known for the difficult-to-love Blackwall Tunnel. A century later, the controversial Millennium Dome had joined it, along with the fiscally-questionable Emirates Air Line cable car. So yesterday’s high-profile launch of 600 shiny apartments on the [...]
Editor’s Notes: The PM needs the citizens of nowhere to make London their home February 3, 2017 Theresa May has come a long way since her speech to the Tory party conference in October last year. Having been denied a meaningful leadership contest before entering 10 Downing Street, the new PM’s first few months in office left the more liberal wing of the Tory party pining for the metropolitanism of Cameron and [...]
Taxation rates seen as unfairly slanted towards the self-employed and company managers by the Institute for Fiscal Studies February 3, 2017 DIFFERENCES in the way the tax system treats the self-employed, owner-managers and employees are “costly, inefficient and unfair” according to the Institute for Fiscal Studies. It found that the tax system is much less favourable to the 85 per cent in employment than it is the 15 per cent who work for themselves. The self-employed [...]
We can’t wait for a new runway: Let’s fast-track better rail connections to our airports February 3, 2017 The government has already taken a crucial decision on future airport capacity by opting for a new runway at Heathrow. But it won’t be built for 15 years and so the shorter-term focus should be on how we maximise existing capacity. Passengers need fast, efficient public transport to and from their flights, and all of London’s [...]
Whisper it, but Britain may be about to get a housing policy fit for the crisis we actually face February 3, 2017 A quiet, but very optimistic, cheer for the communities secretary Sajid Javid. Many politicians use the UK’s cost of living crisis as a talking point, but Javid’s blueprint for a new housing policy – set to be fully published next week – looks like it was designed to actually start tackling it in a meaningful [...]
As the Bank of England hikes its growth forecasts, is it time for economists to admit they were wrong about Brexit? February 3, 2017 Ruth Lea, economic adviser to the Arbuthnot Banking Group, says Yes. The Bank of England was far too pessimistic in August when it slashed 2017’s forecast growth rate to 0.8 per cent and its accompanying monetary package was premature, to say the least. Unsurprisingly, therefore, it has since upgraded this year’s growth prospects twice: to [...]
Renters rejoice: Homelet predicts a fall in housing costs for February February 3, 2017 London renters don't often have much to smile about: crazy demand to see 'cosy' apartments, sky-high agency fees (although they will soon be a thing of the past), and the endless march of rents taking an ever-larger chunk of our pay…until now. Renters in the capital may get a small respite this month, with Homelet [...]
Uber’s chief executive has quit Trump’s business advisory group February 2, 2017 Uber's chief executive Travis Kalanick has just quit Donald Trump's business advisory group, according to an email to employees. Kalanick's resignation comes after the US President issued an executive order banning entry to people from seven majority-Muslim countries. "Joining the group was not meant to be an endorsement of the president or his agenda but unfortunately [...]
Snap has officially made public its filings for an IPO, and its warning investors about the impact of Brexit February 2, 2017 Snap, owner of messaging platform Snapchat, has finally made public its filing for an initial public offering (IPO). The company made many of its financial details public for the first time tonight as it prepares for a $3bn (£2.4bn) float. With a valuation of between $20bn and $25bn Snap could be going public as soon as [...]